How to foster data analytics skills in your organization
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How to foster data analytics skills in your organization

Being data driven means promoting fact-based decision making, driving user adoption of an analytics solution, and ensuring staff can gain insights from data. While this may look like a big managerial responsibility, it does not need to be a resource intensive task. During disruptions like Covid-19, data literacy pays off and enables confident whole-of-business responses, and helps people understand the big picture.

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Topics: Job Role - IT, decision-making, data analytics

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How to foster data analytics skills in your organization

it-managers-how-to-foster-a-data-driven-competency-in-an-organization

Being data driven means promoting fact-based decision making, driving user adoption of an analytics solution, and ensuring staff can gain insights from data. While this may look like a big managerial responsibility, it does not need to be a resource intensive task. During disruptions like Covid-19, data literacy pays off and enables confident whole-of-business responses, and helps people understand the big picture.

Read more

Topics: Job Role - IT, decision-making, data analytics

Phocas rates 50/50 by users in Capterra's top 20 most popular BI software products

Phocas has been named a top 20 most popular business intelligence software product by Capterra, a free online service that helps organizations find the right software. We scored a perfect 50/50 score from customers who took part in the review process.

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Topics: Business Intelligence Basics, Job Role - IT, Reviews and Recognition, Job Role - Executive, business intelligence software

Why business intelligence reporting doesn't have to be complex

The goal of business intelligence reporting is to transform data into accurate and actionable information for easy analysis and rapid decision-making. Through simple dashboards, all users are able to interpret a full view of business performance. This can be done quickly and efficiently which is important during a crisis.  Reports can be created on the spot and the information disseminated companywide.  In this post, we will take a closer look at why BI reporting comes without the complexity.

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Topics: Business Intelligence Basics, Job Role - Finance, Job Role - IT, Dynamic reporting

A buyer's guide to the best business intelligence software

Business intelligence software is a competitive marketplace, and many cloud-based vendors sound the same. So how do you determine what’s the right fit for your company? At a macro level, it’s crucial the BI software supports your company strategy, is compatible with your industry and works with your tech stack.To help you navigate through the options, we outline 8 considerations in the buyers guide to the best business intelligence software.

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Topics: Business Intelligence Basics, Job Role - IT, Reviews and Recognition, Strategy, Management and Performance, Job Role - Executive, KPIs, business intelligence software

BI reporting versus traditional reporting

Over the last 15-years, we have undergone a major change in the way we do business. This is mostly due to technological advancement and the proliferation of SaaS. Companies must have the ability to store and analyze huge volumes of data. People cannot afford to wait for weekly or monthly reports to make critical company decisions. The ability to generate accurate, relevant and timely reports is critical if a company is to remain agile.  In this post, we will discuss a few ways BI reporting outplays traditional reporting practices.  

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Topics: Business Intelligence Basics, Job Role - Finance, Job Role - IT, Dynamic reporting

How to master data analytics without a data science degree

Many business people want to improve their understanding of data but don’t know where to start. The good news is companies like Phocas spend everyday making complex data sets simple to understand and visualize, so managers through to frontline staff don’t need to obtain a data science degree to get information. Instead they can come together and collaborate about their data and feel confident about their decisions.To master data analytics you need a suitable self-service solution that your entire team can use.

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Topics: Business Intelligence Basics, Job Role - IT, Job Role - Executive, data analytics

What to expect from BI reporting

Gone are the days spending hours generating reports that immediately lead to more questions. Your obsolete reporting software or homegrown tools are leaving your business exposed to a range of critical risks and missed opportunities. BI reporting allows you to quickly, visually and cost-effectively get the answers you need to conduct business, manage budgets, and make accurate decisions.

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Topics: Business Intelligence Basics, Job Role - Finance, Job Role - IT, Dynamic reporting

7 keys to a successful business intelligence strategy

A business intelligence strategy is designed to give you the information you need and in a way that’s actionable on many levels. To be data-driven you’ll need to access, view and collaborate with your data from anywhere. To ensure that your business intelligence strategy is successful you need to consider what data is important to analyse to what metrics are meaningful to your teams.

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Topics: Business Intelligence Basics, Job Role - Sales, Job Role - IT, Job Role - Executive

Business intelligence in manufacturing

The process of making products is a huge opportunity for data optimization. Raw materials need to be ordered, received, assembled, packaged, and shipped out for sale in the leanest way. Manufacturers follow the same steps to make each product, and from monitoring these processes with business intelligence, production teams find ways to be more efficient. Data-driven manufacturers use technology to automate most parts of the business - from production through to sales - for competitive advantage.

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Topics: Case Study, Industry - Manufacturing, Job Role - IT, Strategy, Management and Performance

7 data trends for mid-market managers in 2020

Everyone needs data. For manufacturing, distribution and retail businesses to succeed in today’s competitive market, data analytics has to be in the hands of all business users, from sales and marketing, to operations and logistics­. This will require a major shift in perspective for many companies. Previously, business intelligence (BI) was designated as a project for the IT team. As we start 2020, however, data-driven business models are the norm for all departments.

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Topics: Business Intelligence Basics, Job Role - IT, Strategy, Management and Performance, Job Role - Executive

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